Monday, December 07, 2020

Bear Radar

Style Underperformer:
  • Large-Cap Value -.7%
Sector Underperformers:
  • 1) Gaming -2.3% 2) Energy -1.8% 3) Insurance -1.6%
Stocks Falling on Unusual Volume: 
  • SPLK, VVI, ALK, MOD, CTB, BIG, BBY, STRO, CRNC, NCR, AMBA, MUR, CLDR, TPC, AMBA, DOCU, INTC, EPZM, EPR, SRPT, CBRL, GBT, TLS, RMG, RLAY, STPK, VITL, LEGN, PRPL, ZI, PTCT, HRMY, RC, CRC, RIDE, ALLO and SUMO
Stocks With Unusual Put Option Activity:
  • 1) KODK 2) ARKG 3) TOL 4) XBI 5) COUP
Stocks With Most Negative News Mentions:
  • 1) LBRT 2) SPLK 3) CVX 4) CREE 5) IBKR
Charts:

Bull Radar

Style Outperformer:
  • Small-Cap Growth +.5%
Sector Outperformers:
  • 1) Gold & Silver +3.6% 2) Homebuilding +1.4% 3) Al Energy +1.0%
Stocks Rising on Unusual Volume:
  • KODK, FATE, CNST, NKTX, HCAC, LAZR, VLDR, CIIC, VERI, TRNE, CVM, MP, PLTR, NK, BFT, EDIT, ASAN, IGMS, NTLA, SPCE, RIOT, IPV, SRAC, LOAK, ARCT, RIOT, DMYT, OAC, AAL, VRM, SI and TCRR
Stocks With Unusual Call Option Activity:
  • 1) ARKG 2) ADS 3) XME 4) SIRI 5) EDIT
Stocks With Most Positive News Mentions:
  • 1) FATE 2) ONCT 3) PERI 4) BCRX 5) PLTR
Charts:

Mid-Day Market Internals

NYSE Composite Index:
  • Volume Running +13.6% Above 100-Day Average
  • 3 Sectors Rising, 8 Sectors Declining
  • 44.4% of Issues Advancing, 53.2% Declining
  • 249 New 52-Week Highs, 2 New Lows
  • 85.9% of Issues Above 200-day Moving Average
  • Average 14-Day RSI 58.3% 
  • Bloomberg Global Risk-On/Risk-Off Index 1,432.0 -152.0 points
  • Vix 21.6 -3.8%
  • Total Put/Call .56 -16.4%
  • TRIN/Arms .93 +14.8%

Sunday, December 06, 2020

Monday Watch

Today's Headlines
Bloomberg:          
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge: 
MarketWatch.com:  
NewsMax:  
TheGatewayPundit.com:
The Epoch Times:
Politico:
Daily Caller:
ProtectTheVote.com: 
HereIsTheEvidence.com:
Digital Blackboard:
Worldometer:
Rt Covid-19:
KFF:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 57.0 -.5 basis point.
  • China Sovereign CDS 28.75 -.5 basis point.
  • Bloomberg Emerging Markets Currency Index 61.28 .
  • Bloomberg Global Risk-On/Risk Off Index 1,604.0 +20.0 points.
  • Volatility Index(VIX) futures 24.20 -.10%. 
  • Euro Stoxx 50 futures -.03%.
  • S&P 500 futures -.03%.
  • NASDAQ 100 futures +.15%.

Earnings of Note
Company/Estimate

Before the Open:
  • (JKS)/.85
After the Close:
  • (CASY)/2.82
  • (COUP)/.03
  • (HQY)/.36
  • (SFIX)/-.17
  • (TOL)/1.22
Economic Releases
3:00 pm EST
  • Consumer Credit for Oct. is estimated to rise to $17.5B versus $16.214B in Sept.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The German Industrial Production report, Raymond James Tech Conference and the UBS Media/Telecom/Communications Tech Conference could also impact trading today.
Market Hours
Normal:
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and commodity shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 50% net long heading into the week.

Saturday, December 05, 2020

Today's Headlines

Bloomberg:            
Wall Street Journal:
CNBC: 
  • Had bullish commentary on (ABNB) and (BLK).
  • Had bearish commentary on (DASH) and (CRM).
MarketWatch.com:        
Newsmax:  
One America News Network:
Zero Hedge:
TheGatewayPundit.com:
The Epoch Times:
Politico:
Daily Caller:
ProtectTheVote.com: 
HereIsTheEvidence.com:

Friday, December 04, 2020

Evening Headlines

Bloomberg:          
Wall Street Journal:
CNBC: 
MarketWatch.com:      
Fox News:
Zero Hedge:
@kylenabecker:
TheGatewayPundit.com: